The CHAOS Manifesto 2012 is a compilation of view on global project statistics specifically concentrated on the United States and Europe. The report is based on four Standish Services: the CHAOS knowledge center, DARTS (Demand Assessment Requirements Tracking Survey), Executive Sponsor Workshops and Executive Interviews. Although the manifesto concentrates on statistics primarily whereas, the 2012 report talks about the various success factors of an executive sponsor as leadership plays a crucial role in deciding the success or failure of a project. The CHAOS knowledge center collects monthly survey which include 20-25 survey question, the DARTS is an online research instrument.
The report is also based on 18 years of CHAOS research on projects, the profile on over 80,000 completed projects and over 500 workshops conducted by the Standish groups CHAOS University. Apart from these it includes data from various project “group therapy” sessions and executive retreats which are based on project management.
The report begins by giving the latest statistics on project success and failures. The report says that success of a report depends on few factors like if the project was finished on time, if it was on budget and finally if the customer got all his requirements. Any project which fails to meet the above conditions is defined as challenged .The report also talks about when a project is considered a failure i.e. when a project is failed to deliver or delivered and never used. The success percentage shows that there has been a 37% success rate, 47% of the projects were challenged and that 215 were deemed as failures. Now, the report has also illustrated the project success-failure rates of the previous years and we can see that there has a steady increase in the success rate of the projects and the primary reason given here was the presence of a skilled executive sponsor or in the case one lacked an executive sponsor it was attributed to the project being a mechanical one.
This observation about the importance of the executive sponsor playing a crucial role is the main motivation behind creating this CHAOS Manifesto 2012. The executive sponsor has been defined as the owner of the project. The owner of the project is entitled to the responsibilities of the success and failure of project making him the single most important person in a project.
The report moves on to underlining the various factors of success of project. It says that the foremost and the most important factor is the Executive Sponsor. The other factors of success are given as follows:
Executive Management Support, the report say that the executive sponsor can be single handedly responsible for success and failure of a project.
User Involvement, According to research carried out the lesser the user involvement the higher the chances are that the project will perform poorly.
Clear Business Objectives, the report talks about how it’s absolutely essential that the project...